Posts Tagged ‘bitcoin’

A joint report by Center on Sanctions & Illicit Finance and Elliptic, a cryptocurrency forensics firm, has indicated that Bitcoin laundering for illicit drug activity is a highly centralized process. #NEWS

Roger McNamee, an American venture capitalist and early investor in Facebook, predicted that 2018 will be a make or break year for Bitcoin (BTC) in an interview with CNBC on Thursday. The tech investor believes Bitcoin’s notable rise in value this year is due mostly to speculation but points out that the coin’s potential legitimacy…

The post Belgium Central Bank Governor Bitcoin is Not a Threat Because Its Not Stable appeared first on CCNnEarlier this week, the National Bank of Belgium governor Jan Smets said in an interview that bitcoin is not a threat to central banks because it is not stable. Its not stable like the euro, said Smets,…

Cryptocurrencies have captured international attention this year. Although trading currency is nothing new, it certainly feels like an ancient concept being renewed by novel technology. The rapid price increase of almost all digital tokens, which is most noticeable in Bitcoin’s 1,600 percent improvement this year, and their surprising integration into mainstream investment markets through futures…

Carl-Ludwig Thiele, a board member for Bundesbank, one of the largest banks in Europe, has confirmed that the euro zone is not considering a digital currency. He said: “Digital central bank money analogous to cash is currently not in sight.” The statement runs contrary to a previous statement made by Jens Weidmann, the head of…

In the world of cryptocurrencies to date, more than a few millionaires, have been made. In the case of 18-year-old Erik Finman, a $1,000 cash gift from his grandmother turned into over a million dollars after he invested it in Bitcoin back in 2011, at $12 a coin. His early investments in Bitcoin helped him…